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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 4 Days Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
If you cash a $100 traveler’s check at a bank, by how much do(es)
Â
(a) M1 change?
Â
No change
Not enough information
Decreases by $100
Increases by $100
Â
(b) M2 change?
Â
Not enough information
Decreases by $100
Increases by $100
No change
Â
(c)Â Bank reserves change?
Â
Not enough information
Decreases by $100
No change
Increases by $100
Â
If you deposit the traveler's check in your bank account (i.e., a transactions account), by how much do(es)
Â
(d) M1 change?
Â
Not enough information
Decreases by $100
Increases by $100
No change
Â
(e) M2 change?
Â
Not enough information
Increases by $100
No change
Decreases by $100
Â
(f) Bank reserves change?
Â
Not enough information
Increases by $100
No change
Decreases by $100
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